P. O. Box 11121 – Royal Centre
JDV CAPITAL CORP. NEWS RELEASE Suite 2050-1055 West Georgia St. TSX Venture Exchange P. O. Box 11121 – Royal Centre Trading Symbol: JAI.P Vancouver, BC V6E 3P3
JDV Capital Corp. announces closing of Initial Public Offering
Tuesday, September 6, 2011 – Vancouver, British Columbia – JDV Capital Corp. (the “Company” or “JDV”) is pleased to report that it has successfully completed its initial public offering of 2,000,000 common shares at $0.10 per share for gross proceeds of $200,000 pursuant to a prospectus dated July 28, 2011. Jordan Capital Markets Inc. (“Jordan”) acted as agent for the offering. Jordan received a cash commission of 10% of the gross proceeds of the offering and the Company granted agent’s options to Jordan to purchase up to an aggregate of 200,000 common shares at a price of $0.10 per share exercisable for a period of 24 months from the date the Company’s common shares are listed on the TSX Venture Exchange (the “Exchange”).
The Company’s common shares have been conditionally approved for listing on the Exchange. The Company expects its common shares will commence trading on Wednesday, September 7, 2011 under the symbol JAI.P
ABOUT JDV
JDV is a capital pool company (“CPC”) within the meaning of the policies of the Exchange. The Company has not commenced operations and has no assets other than cash. The Company proposes to identify and evaluate businesses and assets with a view to completing a “Qualifying Transaction” under the Exchange’s CPC policies. The funds raised under the initial public offering will be used to pursue the Company’s Qualifying Transaction.
For further information, please contact Hari Varshney, President and Chief Executive Officer at:
Suite 2050 – 1055 West Georgia Street P. O. Box 11121 – Royal Centre Vancouver, BC V6E 3P3
Telephone: (604) 684-2181 Facsimile: (604) 682-4768
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."